AUSTPAC AND KRONOS RESOLVE LEGAL ACTION Austpac Resources NL (Austpac) has reached agreement with Kronos International, Inc (Kronos) to resolve the proceedings commenced by Kronos against Austpac in April, 2013 by way of a discontinuance of the proceedings. While the Project Agreement signed in April 2011 has been terminated by mutual consent, Kronos retains its rights to use certain Austpac technology under the ongoing Licence Agreement.
APG Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held